InvestorsHub Logo
Followers 15
Posts 1291
Boards Moderated 0
Alias Born 07/29/2017

Re: armour1955 post# 26303

Thursday, 04/14/2022 11:23:43 PM

Thursday, April 14, 2022 11:23:43 PM

Post# of 57718
transactions are wallet to wallet - THAT IS THE PROBLEM! A very big problem for all BANKS in the whole world. Why is it so difficult to understand that?
And seemed like nobody getting that except the Banks and governments that controlling them.??????
Why? Why? Why? Why people don't understand that?
It's so simple. Banks are charging a certain percentage for making a transaction for me/on my behalf. Banks are hired hands. They holding monopoly on all transaction in the world. Basically I come to the Bank and say I need to pay a bill or send some of my money to a friend who is poor so that he/she can buy some food to eat and I will pay you a fee for doing that transaction and Banks agree to do that but not only that, bank wants to have full control of my money and to dictate me what I can and cannot do with. And if Banks get really ticked off at me they can just freeze my account and sent me for a walk.
But now, I open the E-wallet and keep all my crypto in it and do all of my transactions much faster and cheaper and secure without any of Banks involvement and Banks get nothing from that transaction. When people do that kinds of transactions "wallet to wallet" - BANKS are out of business. That's why governments will do everything in their power to protect them and to secure their business for the Banks. From the very beginning crypto was about DECENTRALIZED currency, which nobody can be tempering with, nor be able to get diluted like you can the typical fiat cash money and causing inflation by constantly printing more more and more.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SHIBUSD News